Remove Contract management Remove Stakeholder engagement Remove Supply management
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Expanding the influence and impact of Procurement

Spend Matters

The procurement leadership team fully supported and embraced the implementation of these new tools and their individual leadership and commitment created a lot of positive momentum and stakeholder engagement. For the third piece of tech, a contract management system, the Legal Department was a strong ally.

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How to build a successful procurement strategy

IBM Supply Chain Blog

Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan. Gather diverse insights, understand needs and manage expectations. Stakeholder engagement is key to ensure the strategy is well-planned and supported throughout the organization.

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Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance. Contract management systems: Solutions that store, organize, and manage procurement contracts in a centralized repository. This alignment can be achieved by: 1.